STOCK TITAN

[Form 4] FormFactor Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Phillips 66 (PSX) – Form 4 insider filing

Director Gregory Hayes reported a routine, compensation-related stock acquisition on 01 Aug 2025. He elected to receive Restricted Stock Units (RSUs) in lieu of his monthly cash board retainer. The election resulted in the acquisition of 107 RSUs, which convert into common shares on a 1-for-1 basis. The transaction is coded “A” (acquisition) and was priced at the average of the day’s high and low, $120.7775 per share.

Following the grant, Hayes’ aggregate beneficial ownership stands at 21,073.1347 PSX shares, of which 10,823.1347 are unvested RSUs. No derivative securities were involved, and no dispositions were reported.

The filing reflects standard director compensation rather than an open-market purchase and represents an increase of roughly 0.5% to Hayes’ prior holdings. No changes to company fundamentals, guidance, or governance structures are disclosed.

Phillips 66 (PSX) – Comunicazione interna Form 4

Il direttore Gregory Hayes ha segnalato una normale acquisizione di azioni legata alla retribuzione il 1° agosto 2025. Ha scelto di ricevere Unità Azionarie Vincolate (RSU) invece del compenso mensile in contanti per il ruolo nel consiglio. Questa scelta ha comportato l'acquisizione di 107 RSU, convertibili in azioni ordinarie con rapporto 1:1. La transazione è stata classificata come “A” (acquisizione) ed è stata valutata al prezzo medio tra il massimo e il minimo della giornata, pari a $120,7775 per azione.

Dopo la concessione, la proprietà complessiva di Hayes ammonta a 21.073,1347 azioni PSX, di cui 10.823,1347 sono RSU non ancora maturate. Non sono stati coinvolti strumenti derivati né sono state segnalate cessioni.

La comunicazione riflette la normale compensazione del direttore e non un acquisto sul mercato aperto, rappresentando un aumento di circa lo 0,5% rispetto alle partecipazioni precedenti di Hayes. Non sono state comunicate modifiche ai fondamentali dell'azienda, alle previsioni o alle strutture di governance.

Phillips 66 (PSX) – Presentación interna Formulario 4

El director Gregory Hayes reportó una adquisición rutinaria de acciones relacionada con su compensación el 1 de agosto de 2025. Eligió recibir Unidades de Acciones Restringidas (RSU) en lugar de su remuneración mensual en efectivo por su cargo en la junta. Esta elección resultó en la adquisición de 107 RSU, que se convierten en acciones ordinarias a razón de 1 a 1. La transacción está codificada como “A” (adquisición) y se valoró al promedio entre el máximo y mínimo del día, $120.7775 por acción.

Tras la concesión, la propiedad total de Hayes asciende a 21,073.1347 acciones PSX, de las cuales 10,823.1347 son RSU no devengadas. No se involucraron valores derivados ni se reportaron disposiciones.

La presentación refleja la compensación estándar del director y no una compra en el mercado abierto, representando un aumento de aproximadamente el 0,5% respecto a sus tenencias previas. No se revelaron cambios en los fundamentos de la empresa, las previsiones ni las estructuras de gobernanza.

Phillips 66 (PSX) – 내부자 보고서 Form 4

이사 Gregory Hayes는 2025년 8월 1일 보상 관련 정기 주식 취득을 보고했습니다. 그는 월간 현금 이사회 수당 대신 제한 주식 단위(RSU)를 받기로 선택했습니다. 이 선택으로 107 RSU를 취득했으며, 1대1 비율로 보통주로 전환됩니다. 거래는 “A”(취득)로 분류되었으며, 당일 최고가와 최저가의 평균 가격인 주당 $120.7775에 평가되었습니다.

부여 후 Hayes의 총 실질 소유 주식은 21,073.1347 PSX 주식이며, 이 중 10,823.1347은 아직 확정되지 않은 RSU입니다. 파생 증권은 포함되지 않았으며, 처분 보고도 없었습니다.

이번 보고는 공개 시장 매수가 아닌 표준 이사 보상을 반영하며, Hayes의 기존 보유량 대비 약 0.5% 증가를 나타냅니다. 기업의 기본 사항, 가이드라인 또는 거버넌스 구조에 대한 변경 사항은 공개되지 않았습니다.

Phillips 66 (PSX) – Déclaration interne Formulaire 4

Le directeur Gregory Hayes a déclaré une acquisition d’actions liée à sa rémunération, réalisée de manière routinière, le 1er août 2025. Il a choisi de recevoir des unités d’actions restreintes (RSU) plutôt que son jeton mensuel en espèces pour le conseil d’administration. Cette option a conduit à l’acquisition de 107 RSU, convertibles en actions ordinaires sur une base 1 pour 1. La transaction est codée « A » (acquisition) et a été valorisée au prix moyen entre le plus haut et le plus bas de la journée, soit 120,7775 $ par action.

Après cette attribution, la détention globale de Hayes s’élève à 21 073,1347 actions PSX, dont 10 823,1347 sont des RSU non acquises. Aucun instrument dérivé n’a été impliqué et aucune cession n’a été rapportée.

Cette déclaration reflète la rémunération standard d’un administrateur, et non un achat sur le marché ouvert, représentant une augmentation d’environ 0,5 % par rapport à ses avoirs précédents. Aucun changement dans les fondamentaux de l’entreprise, les prévisions ou la gouvernance n’a été divulgué.

Phillips 66 (PSX) – Insider-Meldung Form 4

Direktor Gregory Hayes meldete am 1. August 2025 eine routinemäßige, vergütungsbezogene Aktienerwerbung. Er entschied sich, Restricted Stock Units (RSUs) anstelle seiner monatlichen Barvergütung für den Vorstandssitz zu erhalten. Die Wahl führte zum Erwerb von 107 RSUs, die im Verhältnis 1:1 in Stammaktien umgewandelt werden. Die Transaktion ist mit „A“ (Erwerb) codiert und wurde zum Durchschnitt aus Tageshoch und -tief, 120,7775 $ pro Aktie, bewertet.

Nach der Zuteilung hält Hayes nun insgesamt 21.073,1347 PSX-Aktien, davon sind 10.823,1347 noch unverfallene RSUs. Es waren keine Derivate beteiligt und keine Veräußerungen wurden gemeldet.

Die Meldung spiegelt die übliche Vergütung eines Direktors wider und stellt keinen Kauf am offenen Markt dar. Sie bedeutet eine Steigerung von etwa 0,5 % gegenüber Hayes‘ vorherigem Bestand. Es wurden keine Änderungen an den Unternehmensgrundlagen, Prognosen oder Governance-Strukturen bekannt gegeben.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Small, routine RSU grant; negligible market impact.

Hayes acquired 107 RSUs worth about $13k, lifting his stake to ~21k shares. This is a scheduled retainer conversion, not discretionary buying, and signals neither bullish nor bearish sentiment. Given PSX’s $50bn+ market cap, the monetary value is immaterial and unlikely to influence valuation or liquidity. No derivative positions, sales, or red flags were disclosed. Overall impact on investors is neutral.

TL;DR: Standard equity-in-lieu-cash election; governance-neutral.

Many boards encourage equity compensation to align director interests with shareholders. Hayes’ choice of RSUs over cash is consistent with good practice, but the incremental 107 shares do not materially change alignment incentives. There are no indications of policy shifts, control changes, or insider selling. Therefore, governance implications are minimal and filing is considered routine.

Phillips 66 (PSX) – Comunicazione interna Form 4

Il direttore Gregory Hayes ha segnalato una normale acquisizione di azioni legata alla retribuzione il 1° agosto 2025. Ha scelto di ricevere Unità Azionarie Vincolate (RSU) invece del compenso mensile in contanti per il ruolo nel consiglio. Questa scelta ha comportato l'acquisizione di 107 RSU, convertibili in azioni ordinarie con rapporto 1:1. La transazione è stata classificata come “A” (acquisizione) ed è stata valutata al prezzo medio tra il massimo e il minimo della giornata, pari a $120,7775 per azione.

Dopo la concessione, la proprietà complessiva di Hayes ammonta a 21.073,1347 azioni PSX, di cui 10.823,1347 sono RSU non ancora maturate. Non sono stati coinvolti strumenti derivati né sono state segnalate cessioni.

La comunicazione riflette la normale compensazione del direttore e non un acquisto sul mercato aperto, rappresentando un aumento di circa lo 0,5% rispetto alle partecipazioni precedenti di Hayes. Non sono state comunicate modifiche ai fondamentali dell'azienda, alle previsioni o alle strutture di governance.

Phillips 66 (PSX) – Presentación interna Formulario 4

El director Gregory Hayes reportó una adquisición rutinaria de acciones relacionada con su compensación el 1 de agosto de 2025. Eligió recibir Unidades de Acciones Restringidas (RSU) en lugar de su remuneración mensual en efectivo por su cargo en la junta. Esta elección resultó en la adquisición de 107 RSU, que se convierten en acciones ordinarias a razón de 1 a 1. La transacción está codificada como “A” (adquisición) y se valoró al promedio entre el máximo y mínimo del día, $120.7775 por acción.

Tras la concesión, la propiedad total de Hayes asciende a 21,073.1347 acciones PSX, de las cuales 10,823.1347 son RSU no devengadas. No se involucraron valores derivados ni se reportaron disposiciones.

La presentación refleja la compensación estándar del director y no una compra en el mercado abierto, representando un aumento de aproximadamente el 0,5% respecto a sus tenencias previas. No se revelaron cambios en los fundamentos de la empresa, las previsiones ni las estructuras de gobernanza.

Phillips 66 (PSX) – 내부자 보고서 Form 4

이사 Gregory Hayes는 2025년 8월 1일 보상 관련 정기 주식 취득을 보고했습니다. 그는 월간 현금 이사회 수당 대신 제한 주식 단위(RSU)를 받기로 선택했습니다. 이 선택으로 107 RSU를 취득했으며, 1대1 비율로 보통주로 전환됩니다. 거래는 “A”(취득)로 분류되었으며, 당일 최고가와 최저가의 평균 가격인 주당 $120.7775에 평가되었습니다.

부여 후 Hayes의 총 실질 소유 주식은 21,073.1347 PSX 주식이며, 이 중 10,823.1347은 아직 확정되지 않은 RSU입니다. 파생 증권은 포함되지 않았으며, 처분 보고도 없었습니다.

이번 보고는 공개 시장 매수가 아닌 표준 이사 보상을 반영하며, Hayes의 기존 보유량 대비 약 0.5% 증가를 나타냅니다. 기업의 기본 사항, 가이드라인 또는 거버넌스 구조에 대한 변경 사항은 공개되지 않았습니다.

Phillips 66 (PSX) – Déclaration interne Formulaire 4

Le directeur Gregory Hayes a déclaré une acquisition d’actions liée à sa rémunération, réalisée de manière routinière, le 1er août 2025. Il a choisi de recevoir des unités d’actions restreintes (RSU) plutôt que son jeton mensuel en espèces pour le conseil d’administration. Cette option a conduit à l’acquisition de 107 RSU, convertibles en actions ordinaires sur une base 1 pour 1. La transaction est codée « A » (acquisition) et a été valorisée au prix moyen entre le plus haut et le plus bas de la journée, soit 120,7775 $ par action.

Après cette attribution, la détention globale de Hayes s’élève à 21 073,1347 actions PSX, dont 10 823,1347 sont des RSU non acquises. Aucun instrument dérivé n’a été impliqué et aucune cession n’a été rapportée.

Cette déclaration reflète la rémunération standard d’un administrateur, et non un achat sur le marché ouvert, représentant une augmentation d’environ 0,5 % par rapport à ses avoirs précédents. Aucun changement dans les fondamentaux de l’entreprise, les prévisions ou la gouvernance n’a été divulgué.

Phillips 66 (PSX) – Insider-Meldung Form 4

Direktor Gregory Hayes meldete am 1. August 2025 eine routinemäßige, vergütungsbezogene Aktienerwerbung. Er entschied sich, Restricted Stock Units (RSUs) anstelle seiner monatlichen Barvergütung für den Vorstandssitz zu erhalten. Die Wahl führte zum Erwerb von 107 RSUs, die im Verhältnis 1:1 in Stammaktien umgewandelt werden. Die Transaktion ist mit „A“ (Erwerb) codiert und wurde zum Durchschnitt aus Tageshoch und -tief, 120,7775 $ pro Aktie, bewertet.

Nach der Zuteilung hält Hayes nun insgesamt 21.073,1347 PSX-Aktien, davon sind 10.823,1347 noch unverfallene RSUs. Es waren keine Derivate beteiligt und keine Veräußerungen wurden gemeldet.

Die Meldung spiegelt die übliche Vergütung eines Direktors wider und stellt keinen Kauf am offenen Markt dar. Sie bedeutet eine Steigerung von etwa 0,5 % gegenüber Hayes‘ vorherigem Bestand. Es wurden keine Änderungen an den Unternehmensgrundlagen, Prognosen oder Governance-Strukturen bekannt gegeben.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SLESSOR MIKE

(Last) (First) (Middle)
7005 SOUTHFRONT ROAD

(Street)
LIVERMORE CA 94551

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FORMFACTOR INC [ FORM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01/2025 M 49,935(1) A $0 556,830 D
Common Stock 08/01/2025 F 27,739(2) D $28.93 529,091 D
Common Stock 08/01/2025 M 14,426(3) A $0 543,517 D
Common Stock 08/01/2025 F 8,014(4) D $28.93 535,503 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance-based Restricted Stock Units $0 08/01/2025 A 49,935 (1) (1) Common Stock 49,935 $0 49,935 D
Performance-based Restricted Stock Units $0 08/01/2025 M 49,935 (1) (1) Common Stock 49,935 $0 0 D
Restricted Stock Units $0 08/01/2025 M 14,426 (3) (5) Common Stock 14,426 $0 0 D
Explanation of Responses:
1. These performance-based restricted stock units were previously granted and became vested based on the achievement of certain performance criteria in the period 7/1/2022 - 6/30/2025. The Compensation Committee has determined that such performance criteria have been met.
2. Represents the number of shares withheld upon vesting and settlement of the PRSUs to cover tax withholding obligations.
3. The Restricted Stock Units represent the third and final annual installment vest of a three year grant, grant date 8/01/2022.
4. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
5. If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.
Remarks:
/s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor 08/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Phillips 66 shares did Director Gregory Hayes acquire on 1 Aug 2025?

He acquired 107 Restricted Stock Units, convertible 1-for-1 into common shares.

What is Gregory Hayes’ total beneficial ownership in PSX after the transaction?

After the grant, he beneficially owns 21,073.1347 shares of Phillips 66.

At what price were the RSUs valued in the Form 4 filing?

The RSUs were valued at the average high-low price of $120.7775 on 01 Aug 2025.

Does the filing indicate any insider selling of Phillips 66 stock?

No. The transaction code is “A” (acquisition); no dispositions were reported.

Why did Hayes receive RSUs instead of cash?

He elected to take his annual board retainer in RSUs to be paid monthly, a common alignment practice.
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